Trump Hotels & Casino Resorts Selects Beal Bank for $100 Million Interim Financing.
Business Wire (November 01, 2004)
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Trump Hotels & Casino Resorts Selects Beal Bank for $100 Million Interim Financing.
NEW YORK -- Trump Hotels & Casino Resorts, Inc. ("THCR" or the "Company") (OTCBB: DJTC.OB) announced today that the Company has selected Beal Bank ("Beal Bank") as the sole lead arranger for a $100 million interim financing (the "Financing") which is expected to be funded as part of the Company's recapitalization plan announced on October 21, 2004. Proceeds from the Financing, which will be secured by a lien on substantially all of the Company's assets, a...
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